![PH Dec_0229](https://firstmetro.com.ph/wp-content/uploads/2024/02/PH-Dec_0229.jpg)
- The Philippines’ budget deficit was PHP401B in December, according to the Bureau of the Treasury.
- Revenues fell 3.03% y/y
- Revenues were PHP260.1B
- Expenditures rose 2.24% y/y
- Expenditures were PHP661B
- Budget deficit was PHP1.512T in January to December